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CNBC
Oct 1, 2012 7:00pm EDT
the first debate. romney is totally debate fit in my opinion. he is in fighting shach after demolishing ten opponents in 20 debates. mr. obama on the other hand, he's a bit doughy, i don't think he's in shape for this. and by the way, just minutes ago, north korea accused the united states of plotting to attack it as a steppingstone to dominate asia and has used the word nuclear war. well, how does president obama plan on handling these nut jobs? let me tell you that wednesday's debate, romney is going to broaden his message to include foreign policy. >>> plus we have a surprise increase in the ism manufacturing report. >>> plus again bernanke defends his debt plan. he's enabling the obama treasury to sell trillions of dollars in deficits. >>> hundreds of mexicans are involved in the fast and furious. this is a terrible story, hundreds of mexicans may be involved. should attorney general holder be fired immediately over this new information? >>> the ism signals no recession, that's good. but is the obama-bernanke qe stimulus plan going to bail out the president in this elect
CNBC
Sep 28, 2012 7:00pm EDT
. interesting. a bloomberg news poll, mitt romney is now plus six against obama on the issue of national security. >> yes. >> me, i think romney would be nuts if he doesn't press this case. you have a bipartisan group in the senate. democrats and republicans with a letter saying you have to give us a better hearing. you have to give us a better explanation. romney should be all over this. >> >> and they have not been. i have been complaining openly, in private, anywhere people will listen to me. it goes to the credible of the president and leadership. a person that would lie to the american people for his own political benefit about a incident of this level of severity on national security, that person doesn't belong in the white house. he needs to make that case. he can't make it through john mccain, as good as john mccain is, he can't make it through rudy giuliani as good as he is on this. he has to articulate himself and that's a test of leadership. >> should do it right now. thank you very much, colonel jack jacobs and jennifer rubin. read her blog right turn on the "washing
CNBC
Oct 2, 2012 7:00pm EDT
looking at tonight? >> mitt romney floats and idea to cap keyductions across the board. we set up our own debate. those are the topics we are going to tackle. and this evening. listen to vice president joe biden on the trail. it is the gift that keeps on giving. >> how they can justify. raising taxes in the middle class. it has been buried in the last four years. how in the lord's name. >> that is nodt a froidian slip. plus three stories that happen to break before the election. a leftist new york attorneyy general looking to bash banks and that is as phony as a $3 bill. also a judge strikes down pennsylvania's voter id law and the obama administration is telling companies it is okay to disregard the law when it comes to handing out pink slips in advance to big budget cuts. all three happening before the election. mitt romney has finally put meat on the bones of his tax reform idea. he floated the idea of a $17,000 cap on tax reform reduction. >> you could say everyone is going to get up to a $17,000 deduction. you can fill that bucket if you will and higher income people might ha
CNBC
Sep 26, 2012 1:00pm EDT
mitt romney hitting the spring state of ohio in duelling events. the president speaking ott bowling green university. governor romney in bedford heights, pushing his economic plan to business leaders there. the polls show the president is holding a lead in the state. cnbc's chief washington correspondent john harwood has the latest on that. >> the 18 electoral votes in ohio are critical. no republicans won the white house without them. mitt romney is in a hole in ohio now. new york times cbs poll out this morning showed him down by 10 percentage points in ohio. other polls show it closer. everybody agrees he's behind. look at the numbers. it tells you about his ohio trouble from this poll when you ask people who's better on the economy, that's mitt romney's signature issue. barack obama by 51 to 45%. when you ask who would favor the rich, 8% say president obama. 58% say mitt romney. that's not good for him. when asked does mitt romney or barack obama understand the problems of people like you, by 59% to 38% people say obama understands, romney does not. that explains why the message
CNBC
Sep 24, 2012 4:00pm EDT
mitt romney is proposing. >> people with higher incomes won't get the same high growth rate in their benefits than people with lower incomes. >> announcer: is it time for americans to pay up for entitlements and will that end up costing him votes in november? plus, which defense companies will get hit the hardest if congress isn't able to avoid billions in spending cuts? details are ahead. and is it possible to solve global poverty and be prosperous at the same time? the head of one venture capitalist thinks so. the equity summary score consolidates the ratings of up to 10 independent research providers into a single score that's weighted based on how accurate they've been in the past. i'm howard spielberg of fidelity investments. the equity summary score is one more innovative reason serious investors are choosing fidelity. get 200 free trades today and explore your next investing idea. oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great.
CNBC
Sep 25, 2012 3:00pm EDT
. mitt romney edges the president on who will be better to curb out debt and deficit. but the president is ahead on who's better to get the economy back on track. steve liesman is here with the disconnect. >> we've been puzzling over this all day. i want to show you the results we have from our national survey of 800 americans. take a look on the economy. who would be better over the next four years. first of all, we asked people, are you better or worse with compared to the last four years? no question here. 55 to 27 definitively, things are worse. what about who's better over the next four years? obama beats romney by nine point. that's more than other surveys out there. caution here, weak survey. other surveys more interested in the political side. they survey registered and likely voters. how about jobs? six to two, worse on jobs. who's better? obama wins. the one place where romney wins is as maria said, on the next one, on the deficit. overwhelmingly, people think the deficit is worse than it was four years ago. they're right. they say romney, only within the margin of error, whic
CNBC
Oct 1, 2012 6:00am EDT
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CNBC
Sep 24, 2012 7:00pm EDT
tomorrow. hey, larry, what do you have for us? >> jimmy, 44 days in the election. mitt romney is making a tax cut on middle class people. he's increasing take-home pay. that's what worked to get reagan elected. question, will it work for romney? good evening, everyone. i'm larry kudlow. this is "the kudlow report." our top story tonight. iranian president mahmoud ahmadinejad declares israel would be, quoting him now, eliminated. and what is president obama going to do about this, not meeting with world leaders, not meeting with israeli prime minister netanyahu? this is when president obama says israel is one of our best friends in the region, just one. instead, he's yacking it up on daytime talk shows like "the view" and while there he refused to call the libyan attack on our embassy an attack of terrorism. tonight we'll look at one more sign of the weakness of this amateur president instead of a world leader. >>> also this evening, the battleground now shifts. new numbers now out shows mitt romney gaining ground on middle class families, a 14-point lead over president obama. romney's now
CNBC
Sep 27, 2012 6:00am EDT
-founder and romney supporter tom stemberg. no one understands the swing state of ohio better than senator rob portman. he'll be joining us from cincinnati. but before we get to all this, and believe me, this is a lot to get on today, let's get you up to speed on this morning's other top headlines with andrew. welcome back. >> thanks. we haven't even talked about football, but i hope we get a chance to. china central bank reportedly injecting 57.9 billion into money markets. regulators are struggling to maintain liquidity without the injection. speaking of china, the country's largest listed steel maker has suspended output at a plant as the economy slows and demand weakens. meantime 40% of china's iron ore mines are standing idle as steel prices have crumbled. and loans to firms and households fell more than expected. ecb staying loans to the private sector fell 0.6% from the same month a year ago. italy's borrowing costs falling at a bond auction today. analysts say the auction shows nand for italian government paper remains healthy. and eu regulators are prepare to go charge mic
CNBC
Sep 24, 2012 6:00am EDT
campaign trail plus he was a governor, a presidential candidate, a mitt romney surrogate and a "squawk box" guest. now he's the new head of the financial services round table. tim pawlenty will be joining us live at #:00 a.m. and the emmy awards, homeland winning for best raw made, modern family with best comedy. before we get to all of this, let's get you up to speed on all of the top stories. >> i was very happy about homeland last night. i know joe was i imagine, too, since we're both -- i think you're a homeland watcher, as well, right? >> no. i've seen the first couple of episodes. i don't -- no. >> jimmy kimmel did a nice job with it. let's get you caught up on the headlines. major supplier, foxconn, suspended production at a factory in china after a brawl by as many as 2,000 employees at a dormitory injured 40 people. the cause of the fight is under investigation. the taiwanese owned company declining to say whether this particular factory is involved in iphone production. apple and foxconn have been working together to improve labor conditions and raise wages there. foxconn mak
CNBC
Sep 24, 2012 5:00pm EDT
president no matter what. it is either obama or romney. and then for the next four years we are okay. so we have to face the fiscal cliff. what is going to happen with the fiscal cliff? it is in nobody's best interest to see a recession for 2013 or beyond so you know there will be a compromise in congress between the time of the election and maybe the first month of the next year. >> let me ask you about an allocation. caterpillar. 2015 they don't see the world needing the same type of mining equipment. if you look at commodity valuations we talked about early cyclicals. what is the slow money called? we have some saying it doesn't look so great. >> you are going to have to focus more on the longer term. you can't invest for the long term if you're an investor by focusing on what caterpillar is going to do. now is your opportunity to tow into a caterpillar. caterpillar is where you want to start to tow in. a name like cliff natural resources early cyclical baks material stock is going to be an area to tow in. it is not a tremendous turn around short term. long term investor these com
CNBC
Sep 25, 2012 4:00pm EDT
divergence of opinion between president obama and senator romney, where they want to take the country and what direction it would be. i think corporations are just holding back cash. i think individuals are holding back cash too. we're seeing less investment in the marketplace. if we're going see the fiscal cliff, which i'm sure we'll talk about throughout the day, but if we're going to see the bush tax cuts roll off, we're talking about dividends going up significantly. right now you cannot get any yield. everyone is chasing yield. you can't get it from the united states government. they'll pay you nothing. people are going say, wait a minute, now i have to pay 36% and i have risk in the marketplace. these are a lot of big issues. >> i know you meant governor romney. >> let me apologize. >> do you think we go to the election and are in standstill mode until then? once we get the clarity of who's in the white house, what's your expectation? >> i do. i don't anticipate a lot. i know people are talking about that we'll see more in the early parts of november because of the different thi
CNBC
Sep 25, 2012 1:00pm EDT
be back at 2 p.m. with more on whether americans think obama or romney have the better plans for the economy and check out the full survey results, make sure you go to cnbc.com to get all the information on this survey. simon? >> interesting, steve, thank you very much. >>> let's get a market flash with seema mody. >> finally look at ashland, a specialty chemical firm moving lower in today's trade after the posting a 9.7% sequential drop in august sales for its specialty ingredient he is segment, the biggest contributory overall sales. european seasonality cited as one of the reasons for the drop. look at shares down 6%. back to you, simon. >> thank you very much. >>> the traffic is especially bad in no, this week because of the united nations general assembly but bad enough to cause this? we will show you what happened next on "power lunch." >>> plus, she's commonly referred to around cnbc as chair bair. now, she rk, shelia bair is sof on her chair at the fdic. quotes like this are taking people by surprise. "tim geithner had been the bail out irin chief during the trait crisis. as
CNBC
Sep 28, 2012 6:00pm EDT
most important piece of data this week. and maybe this year. if you're mitt romney. we had a downbeat number last time but it didn't hurt the market that badly because the fed then committed to a full-out war against deflation. we can't expect the fed to come out this time and say something positive because they're not scheduled to speak. look out below if the employment report is weak. because i think we could get hammered. i don't like to enter on a downbeat note. but i'm a realist on the show. on tuesday cramer fave powermaker pvh, happy analysts day. we've been huge barks of their ceo and he has often used these kinds of events to telegraph better than expected numbers. last time we spoke to him he was very optimistic. we need to be sure that the positive tone continues because retail and banking have been the two stalwarts then oil in the last quarter. by monday we'll be in a new month and new quarter. the central bank inspired optimism isn't going away anytime soon. next week we got a bunch of big picture data points both domestically and europe. if they turn out badly particula
CNBC
Sep 26, 2012 6:00am EDT
. going to lose to the reds one way or another. >>> both president obama and mitt romney will be in ohio today. the story behind that swing state. >>> welcome back. take a look and you'll see that the dow futures are slightly higher. s&p futures up by close to two and a half. this comes after the market ended on its weakest levels of the day yesterday. yesterday was the worst day for the month of september for the dow. it was the worst day in two months for the nasdaq and it was the worst day in three months for the s&p 500. all of that kind of playing out overseas as well. in europe this morning, you are going to see some red arrows. a lot of concern about what's happening as protests pick up in spain, and you see more concerns coming in greece right now about austerity measures. the german dax is down by about 1.5%. the nikkei in japan was down by 2%. >>> in "sporting news," the atlanta braves are on their way to the postseason in. the boft the ninth against the marlins last night, freddy freeman connected and takes it to straight center for a walk-off homer. exciting. the braves
CNBC
Oct 2, 2012 6:00am EDT
everything romney says, they cut out all the stuff on both sides of it? all we'll have for you is saying it tit, tit. remember faber, remember what he said? >> yes. the work on his finger. and you let him -- >> no, he stopped right after -- >> he stopped right after you said you what? >> yeah, anyway, boeing engineers and technical workers -- >> who did we have on last week who had a fluffer? >> a fluff off line of clothes. >> right, lululemon. >> is it not lululemon? >> in france it is. >> yeah, it is. what's happening here? the workers are voting to reject the pay offer from boeing. talks are set to resume today. a separate vote is required to authorize a strike so it doesn't necessarily mean it will happen. most experts say at this point that a strike is unlikely. >> we have another stock to mention this morning and that's google. shares hitting an all-time high yesterday after the search engine giant's stock at this point is now the second largest on the nasdaq 100 index. of course apple the biggest. it topped microsoft's market cap earlier in the session. google has soared mo
CNBC
Sep 26, 2012 7:00pm EDT
rest of us also? president obama and mitt romney meanwhile battling it out in the swing state of ohio. john harwood joins us now with all the details. good evening, john. >> good evening, larry. you know, in the wake of that 47% video last week, mitt romney's got a new message and that's to tell middle class people as well as the poor that he cares about them. he did it on the stump in ohio today, he also did it in an interview with our nbc colleague ron allen just a few minutes ago. here's mitt romney. >> i served as a pastor of a congregation with people of all different backgrounds and economic circumstances that i care very deeply about the american people and people of different socioeconomic circumstances. and i think throughout this campaign, as well, we've talked about my record in massachusetts. don't forget, i've got everybody in my state insured. >> and here's some numbers, larry, that show you why that is mitt romney's message rather than tax cuts. you can't compare in the state of ohio where a new york times cbs poll shows mitt romney down by ten percentage points, presid
CNBC
Sep 28, 2012 4:00am EDT
him. if she gets a chance, we'll bring you any market moving news as we get it. mitt romney campaigns in the philadelphia area today which a republican hasn't won in nearly 25 years. pennsylvania, that is. president obama sticks close to washington today, though, with three fund-raising events. both men were in virginia yesterday catering to the state's strong u.s. military and defense industry presence. mary jo is still with us. is mitt romney in pennsylvania because he thinks there's a chance? how important is winning pennsylvania to him? >> pennsylvania is one of several battleground states in this election and it comes town really to a handful of states including ohio and florida and of course pennsylvania and virginia. the undecided vote so far is very small, but let's keep in mind at this stage ronald reagan in 1980 was running about five points behind jimmy carter. by mid october, he was 13 points behind and yet he won the election by nine points. >> what do you think will be that catalyst for swinging things in mitt romney's favor? >> a strong debate by mitt romney. there are
CNBC
Sep 25, 2012 12:00pm EDT
and u.s. stores to invest more in mobile and online. mike, how long before the democrats blame romney, even bush for that? >> wasn't their doing. back to staples. i think this news was out already and when it was announced earlier, the stock had a positive reaction, trading higher premarket. i've been long the name in the past but seems like staples is desperate, trying to speed something up and i wouldn't want to try to catch this stock down here. >> the s&p health care sector, all-him tie, sixth consecutive session. time to get in here? >> we're long. we're staying in there. this is the secular bull market trends. think about the demographics involved here, from the u.s. to japan. you're talking about a generation that's going to spend the next 20 years essentially trying to live forever and replacing every body part they have. >> i was just thinking that. knee replacements -- >> all of it. you get in this sector, you could buy the etf xlv, long. j & j, medtronic, insurance companies, everything is in here. >> the mother of all bull moves for the health care sector. home builders st
CNBC
Sep 28, 2012 4:00pm EDT
. >>> plus, what happens in france stays in san francisco? maria speaks with a mitt romney supporter and hp ceo carly fiorina. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...you see they all have h a deeper knowledgeresting in of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. sleep train's inventory clearance sale is ending soon. save 10%, 20%, even 35% on a huge selection of simmons and sealy clearance mattresses. get 2 years interest-free financing on tempur-pedic. even get free delivery! sleep train stacks the savings high to keep the prices low. but hurry, the inventory clearance sale is ending soon. superior service, best selection, lowest price, guaranteed. ♪ sleep train ♪ your ticket to a better night's sleep ♪ >>> welcome back. all day we've been looking at key issues facing specific industries in q-4. right now here's m
CNBC
Sep 24, 2012 4:00am EDT
romney and president obama disagree over israel ramping up the rhetoric. >> and foxconn shuts down a northern chinese factory after a brawl involving 2,000 workers. >>> germany's sentiment index falls, and the mood continuing to u.s. futures. closing in on the start of the trading day, dow jones implied to open lower by more than 35 points. nasdaq and s&p 500 also looking to shed their gains, as well. take a look now at the cnbc ftse global 300. down a third of a% in light of that data which hit just about an hour ago. european markets she the ftse 100 down 0.4%. xetra dax this one in focus this morning, that's down 0.6%. cac 40 down almost 1% this morning. this ahead of a key budget unveiling. ibex 35 not benefiting from the risk off attitude. down 1.6%. >> and i think the ifo number, we had a better pmi out of germany last week, so the expectations it would hold up and it didn't. but it is worth pointing out 50% of the responses were taken before the constitutional court ruling in germany. quite a lot of paper being issued by italy this week. they yield back just over the 5% mark,
CNBC
Oct 2, 2012 1:00pm EDT
you very much. >>> politics now, president obama and governor mitt romney putting the finishing touches on their preparation before the big debate tomorrow night but will the debates make a big difference? brand new nbc news/"wall street journal" poll released just this minute looks at how closely people will be watching >> eamon javers in washington now with the latest. >> the stakes did just get a little bit higher for those debates in the presidential level this week. take a look at these results now from the new nbc news/"wall street journal" poll which we can bring you. the question asked to voters how important is the debate in picking a president? 38% staying is extremely or quite important. as you can see, that's higher than the respondents said in 2004 and in 2000. that's an interesting number but also interesting the folks who said it was somewhat or not at all important at 62%. that may be an indication that a lot of people in this country have already made up their minds, tyler. that might mean things are tough for those candidates who want to shake things up with th
CNBC
Sep 25, 2012 7:00pm EDT
as stocks slid late in the day the dow well 101 points. media jumped all over romney's remark. you hear very little when his opponent makes the gaff. is obama giving him a free ride? ann coulter is going to weigh in. the candidates are laying out their vision of the economy and the world. >> good evening. >> good evening, larry, foreign policy took front stage in the national campaign today as both candidates were in new york today making their arguments around the world starting with president obama addressing the general assembly today. >> there are no words that excuse the killing of innocence. there is no video that justifies an attack on an embassy. there is no slander that provides an excuse for people to burn a restaurant or cause death and destruction in pakistan. >> meanwhile, mitt romney was over at the clinton initiative where he talked about how he would handle foreign policy. he said he would handle the way the united states handles foreign aid. >> a temporary aid package can give the economy a boost and employ people for a time but it can't sustain a economy for a lon
CNBC
Sep 27, 2012 7:00pm EDT
, mitt romney should draw a red line for middle income taxpayers and say you will not lose your deductions and you will get yours lower tax rates. he has to have a chris cal clear growth message in next week's debate. it could be his last chance. plus the nfl made a deal overnight and the real refs will be on the field this evening. this is a huge story where there were billions of dollars at stake. we have an exclusive new england patriots owner robert kraft joins me this evening. he is the first owner to speak out. all right. following monday's outburst by mahmoud ahmadinejad, it was israeli benjamin netanyahu's turn today. danielle lee joins us with the details. >> good evening. today prime minister netanyahu used a cartoon-like graphic to drive home his fear that iran could have a nuclear bomb completed by this coming summer. he said the time for peaceful negotiations is running out. from a fight over the west bank to fears about iran's nuclear program, netanyahu spoke under pressure before the united nations. >> today a great battle is being waged. >> reporter: just one day
CNBC
Oct 2, 2012 3:00pm EDT
the big debate tomorrow night between the president and mitt romney. i want to ask you about politics and investing. first, what do you think about this market? what are you hearing from clients? you think we're going to continue to see chasing of high beta stocks or has this market gotten tired? >> our clients are scared. what we're hearing first and fare mo foremost is a lot of uncertainty. is europe going to melt down? are we going to have a fiscal clif cliff in the u.s.? is israel going to bomb snooirn on top of that, they're hearing the dysfunctional politics from the u.s. election. they're hearing president obama does not have the answer. they hear from the other side that neither does mitt romney. they're scared. so many of our clients have actually been on the sidelines. this has been a relatively low volume rally. i think it still has legs. i think multiples are reasonable and there's still room to go. >> that's what we have pondered here lately, dick. is this sort of stealth rally, as i called it before -- here we sit near 5 1/2 rear hiyear high the market, even as
CNBC
Oct 1, 2012 9:00am EDT
have rnc chairman reince priebus. why? what a day to have him. mitt romney wrote an op ed. we'll talk about that and the op ed below it that talks about the next battleground, the state labor wars. and then the "santelli exchange," bottom of the hour. what we're going to talk about, to be or not to be. is inflation gestation or inflation on vacation? we'll talk about that and all the issues that involve your money. top and bottom of the hour. mentm and the world's only tridion safety cell which can withstand over three and a half tons. small in size. big on safety. zagat just gave hertz its top rating in 15 categories, including best overall car rental. so elevate your next car rental experience with the best. it's just another way you'll be traveling at the speed of hertz. [ male announcer ] the exceedingly nimble, ridiculously agile, tight turning, fun to drive 2013 smart. ♪ >>> welcome back to "squawk on the street." i'm courtney reagan. let's take a look at shares of lane christensen. it's attractive with limited downside because the business itself protects this floor. as you c
CNBC
Oct 2, 2012 9:00am EDT
approve i'm bara this message. ck o romney: "it's time to stand up to the cheaters" vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers. mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? customer erin swenson bought from us online today. so, i'm happy. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm happy. i'm happy. i'm happy. happy. happy. happy. happy. (together) happy. i love logistics. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a hig
CNBC
Sep 27, 2012 4:00pm EDT
shocking new study may prove mitt romney was right when he said a large number of americans need to take personal responsibility of their lives. it's all ahead on the "closing bell." ♪ [ male announcer ] introducing a reason to look twice. the entirely new lexus es and the first-ever es hybrid. this is the pursuit of perfection. you have to dig a little. fidelity's etf market tracker shows you the big picture on how different asset classes are performing, and it lets you go in for a closer look at areas within a class or sector that may be bucking a larger trend. i'm stephen hett of fidelity investments. the etf market tracker is one more innovative reason serious investors are choosing fidelity. get 200 free trades today and explore your next investing idea. sleep train's inventory clearance sale is ending soon. save 10%, 20%, even 35% on a huge selection of simmons and sealy clearance mattresses. get 2 years interest-free financing on tempur-pedic. even get free delivery! sleep train stacks the savings high to keep the prices low. but hurry, the inventory clearance sale is ending soo
CNBC
Sep 26, 2012 4:00pm EDT
energy plan. he talks about energy a little bit. he never has a plan. romney has a good plan, and i believe romney will carry it out. that all the people that have run for president since nixon, republican and democrat, have always said elect me and we'll be energy independent. romney has not said that. he has said with a north american alliance, that we can bring together mexico, canada, and the united states, and we can be energy independent using all of north america. but that's good because they're good neighbors. we work well together. all that can be accomplished, but romney is realistic about a plan. his plan is use our own resources. >> and we know that's a job creator. do you think he has a shot to win the election? >> oh, i think he will win the election. i think he has energy as a big component. there are 30 states in the united states now that produce energy. when i went in the energy business a long, long time ago, there was only nine states. there are 30 states now. so millions of jobs are created by the oil and gas industry in the united states. >> right, right. let m
CNBC
Sep 25, 2012 2:00pm EDT
34, romney. i will tell you in our last survey that we did in june, pretty much the same sample. we asked a slight variation on the e con question, romney beat obama by six points on the economy. let look at all the different issues we asked. went more in depth than almost anybody else. on jobs, 23-59% saying worse than four years ago. over here, health care, obama's signature issue, many people don't think it is better than it was. in fact, 2-1 it is worse. who would be better? by about 13 points, obama beats romney. rotate it one more time. on the deficit you can the one issue, by the way, romney is going to win, 73-6, worse, that is unbelievable, way off the charts. romney eeks out a gain here or a win within the poll's margin of error of 3 1/2%. one more thing i want to show you this is foreign policy in the news, the u.n. meeting in the news this week, america's standing on the world, 16% of americans worse off than four years ago, 44% think obama would be better for that issue in the next four years. why is this? let's take a quick look here. slightly better economic numbers?
CNBC
Sep 28, 2012 2:00pm EDT
romney. america's number one expert on the rich is about to join us to explain why wealthy women are just, wellffer insulin users test often. freestyle lite can help you test easy. they need a third the blood of onetouch ultra. zipwik tabs target the blood and pull it in. call now for free strips and a meter. we create easy-to-use, powerful trading tools for all. look at these streaming charts! they're totally customizable and they let you visualize what might happen next. that's genius! we knew you needed a platform that could really help you elevate your trading. so we built it. chances of making this? it's a lot easier to find out if a trade is potentially profitable. just use our trade & probability calculator and there it is. for all the reasons you trade options - from income to risk management to diversification - you'll have the tools to get it done. strategies. chains. positions. we put 'em all on one screen! could we make placing a trade any easier? mmmm...could we? around here, options are everything. yes mom, i'll place a long call to you tomorrow. i promise. open an acco
CNBC
Sep 28, 2012 6:00am EDT
. and then -- but if romney wins it, you would see them all extended. is there one that would have a better outcome in your view? >> you know, i think there's a -- there's a tension between two different things here. on the one hand, there's a sense that in the very near term with a weak overall economic performance continuing that raising levels of taxes wherever in the distribution may have some negative effects on economic growth. and then there's a harder long-term question, frankly, which is how tax rates on capital gains, on dividends which feed through a somewhat complicated channel by encouraging various kinds of saving activity and ultimately lowering the cost of capital to businesses and encouraging investment, how that translates into long-term economic growth. that is frankly a difficult chain to try to measure in any precise way, and consequently it's harder to be able to trace through the quantitative impacts on growth to follow through on channels for that. >> to follow-up on that, which plan, do you think it's problematic for the economy at this point to have taxes ra
CNBC
Sep 24, 2012 9:00am EDT
will give us his take on the president and romney's aappearances on "60 minutes" last night. that's coming up in the next hour. >>> first, though, apple selling millions of iphone 5s over the weekend. jon fortt is live in san jose with what the real number is. there's some disagreement about that this morning. >> reporter: there is. 5 million is the number of iphone 5s when one prominent apple analyst had been looking for 6 million to 10 million. that 5 million compares to 5 million a year to go to the 4s. this doesn't count preordered ich 5s that were shipped but that weren't signed for. if your phone arrived over the weekend but is waiting for you to pick it up, that doesn't count. it doesn't count the 2 m phones ordered the first day but that won't get delivered until today or later. it's too soon to gauge exactly what this means for demand. piper jaffray estimated last week that lines has been 30% longer than they were for the 4s. a couple of other tidbits, the check of about 20 stores over the weekend showed that they were short of iphones. so there might have been quite a few
CNBC
Sep 26, 2012 9:00am EDT
romney's biggest donors ahead on "power lunch," so stay tuned. >> that is a cruel tease, robert. i cannot believe you're going to make us wait for "closing bell" until number one. >> what's great is you're going to be surprised who that is. you'll also have a lot of surprises on the republican list. when i did this reporting, i thought i knew who those donors were, but i didn't. so got to stay tuned for later. >> another great tease. robert, good to see you. >>> billionaire boss. the surprising results of new research into the success and failure rates for venture backed start-ups. stick around to see them. >>> also retailers trying to avoid going the way of dinosaur. which stores are most likely to end up on our "squawk on the street" engaged species list. that's straight ahead. [ male announcer ] you are a business pro. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. i'm
CNBC
Sep 26, 2012 6:00pm EDT
strategies that can help. >>> seconds away on the "kudlow report," mitt romney's dialing down tax cuts. it is a huge mistake. more troubles and violence in spain and greece. why is everyone attacking and trying to deny his first amendment free speech right? "kudlow report" is moments away. >>> that was one tough atonement session. i like to say there's a bull market somewhere, i promise to try to find it for you here on "mad money." i'm jim cramer and i'll see you tomorrow. hey, larry, what do you have for us? >> all right, jimmy, mitt romney pulling back on his tax cuts. i have three words for that. wrong, wrong, and wrong. good evening, everyone, i'm larry kudlow, this is the "kudlow report." mitt romney and president obama both hit the trail today as they battle through the key swing state of ohio. but incredibly, romney dialed back his position on tax cuts today. take a listen. >> by the way, don't be expecting a huge cut in taxes because i'm also going to lower deductions and exemptions. >> no meant no. wrong idea. people need a tax break. middle class people need a tax break. i s
CNBC
Sep 25, 2012 6:00am EDT
believed to hold the world's largest reserves of shale gas. and spokesman for mitt romney says the obama administration should formally their china a currency manipulator. semiannual report due on the topic released by treasury in mid october. >> it had stopped for a while and yuan was slowly moving up, but then with all the pressures with their economy, it's kind of turned around. >> when you start messing around with china as a political football on either side, election nearing and -- >> and tensions between china and japan got pretty bad. i heard the lexus is going to be slowing down production because wealthy people don't want to buy a japanese luxury sedan. >> a lot of people that were wealthy aren't quite as wealthy as they used to be. i think trump was always railing about china, too. >> in other news out of washington, the white house is reportedly prepare to go direct federal agencies to develop guidelines for owners of power, water and other infrastructure facilities. it would give the agencies 90 days to propose new regulations and create a new cyber security council at the d
CNBC
Sep 27, 2012 4:00am EDT
tougher on beijing. mitt romney says he'll label it as a china manipulate directory while obama accuses of profiting from jobs september overseas. >>> japan continues to take a hard line in its territorial dispute. let's go to the nikkei following the story for us. >> yes, prime minister noda is sticking to a hard line that japan will not compromise over its territorial issue dispute with china. in a speech to the urn and press conference yesterday, he stressed the islands are an integral part of japan and the issue should be settled under international law. but china reacted by saying china has broken international law. meanwhile the tensions continue to damage china related businesses. cancellations for flights to and from china have reached 40,000 seats. and production cuts are in china. >> stay there for one second. another story that we're following as relations between japan and china aren't going so well, japan may be getting companyier with myanmar. is that right? >> yes. the japanese government is teams up with myanmar's public and private sectors to set up a training center ne
CNBC
Oct 1, 2012 4:00am EDT
romney. amongst all registered voters, obama hold as five point lead, but 52% of them are being a stros swi acrosses swing states, they favor the obama. the debate starts wednesday at 8:00 p.m. eastern. >>> and if president obama is reelected, one of the first job may be to find a replacement for geithner. the wall street journal reports the white house chief of staff jack lew and former clinton chief of staff are two top candidates. both budget experts and could play a major role in the looming fiscal cliff. >>> nokia's into another big customer for its mapping software. the "wall street journal" says the company will unveil a deal with oracle today in san francisco. nokia also recently signed deals with groupon and amazon. nokia a got into the map business with it purchase and has been expanding the service. and back to the banks, shares in banco have been suspended. the bank has announced it will report record write downs of 9.3 billion euro this is year and have suspended its dividend this month. julia has more reaction to what they're saying. they'll launch the share increase
CNBC
Oct 2, 2012 2:00pm EDT
know, who has a better chance of winning this year is it a, mitt romney, or b, the new york jets? vote now on our show page, street signs.cnbc.com. the results, mandy, later in this cablecast. >> indeed. in fact, watching the trading day starting off in rally mode but that buying spree was short circuited about spain's fiscal situation. the dow lost a 52-point gain and on track for the sixth loss in eight session. the numbers more bearish for the s & p 500, down for the ninth time in 12 sessions and losing about 1.6% over that time. the nasdaq near break even, trying to avoid a six of seven losing streak t is down about 2% in that period. brian? >>> the u.s. is addicted to budgetary crystal meth, those words from a man we are now calling "breaking bad" bill gross there he is. his new picture. he outlined america's severe spending addiction in his latest investment outlook and he has got some eye-popping stats on how much debt we may really have. he joins us now in a first on cnbc interview. all right. enough enough of the pop culture references are. i had to do all could i to not
CNBC
Sep 25, 2012 6:00pm EDT
romney has something to feel good about. paychecks gives a specific read about hiring in america. i don't want to be glib here, but last night they are facing a tough environment but the quarter wasn't terrible. revenues came in light. i thought that was the important key metric. however, the growth here seems to be decelerating. we need to get a handle on the growth situation. >> i red three these various downgrades, it seems like they thought their pay roll numbers were this number that we cared so much about which was the actual 2.2% revenue number and suddenly it didn't matter. >> we thought it was a good start to the year for us. >> what do you think was more of a headwind for you? >> well, i think it is about new business start-ups. we think that is going to be new business start-ups now. >> this is a terrific performer. the analysts who are negative. p payroll service revenues were plus one percent. >> we expected this. timing of this, we feel clients are hiring and we feel there are positive signs. and we feel whether it is pay roll, or 401(k) and whether they are out there
CNBC
Oct 2, 2012 6:00pm EDT
. all coming up on "mad money." i'm bara ck o bama and i approve i'm bara this message. ck o romney: "it's time to stand up to the cheaters" vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers. mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? mike rowe here at a ford tell me fiona, who's having a big tire event? your ford dealer. who has 11 major brands to choose from? your ford dealer. who's offering a rebate? your ford dealer. who has the low price tire guarantee... affording peace of mind to anyone who might be in the market for a new set of tires? your ford dealer. i'm beginning to sense a pattern. buy four select tires, get a $60 rebate. use the ford service credit credit card, get $60 more. that's up to $120. where did you get that sweater vest? your ford dealer. >>> we practice buying homework not buying whole. people
CNBC
Sep 27, 2012 9:00am EDT
and, of course, other factors that are out there. something for candidates romney and obama in today's data. you can imagine romney pounding on the weak growth and obama saying hey, 286,000 more jobs out there and there's also something for bulls and bears but not much anybody from a sober analysis this remains a weak growth economy. melissa? >> thank you very much, steve liesman. >>> and from the u.s. to spain, let's head across the atlantic for more on spain's budget as the country hopes to avoid a bailout. steve sedgwick joins us live with the very latest. steve. >> reporter: yeah, thanks very much, indeed. we just heard literally in the last 20 minutes or so that the press conference, the announcement about this austerity that we've been waiting for all day will now get the conference in around about an hour's time. so all should be revealed about what rajoy intends to do. in the next stage of austerity. because i think the next stage because there's already been at least four bouts of austerity from this government since it came in in december last year. the last was a 2012 budget
CNBC
Sep 28, 2012 1:00pm EDT
romney is going to win it in a close race. >> thank you very much, mike dewine state attorney general, former state for. >>> it doesn't happen very often. it did today. the ceo of the biggest company in the usa said i'm sorry. >>> and you'll never guess where the next victoria's secret underwear store is going. hmm. more power in two. looking for a better place to put your cash? here's one you may not have thought of -- fidelity. now you don't have to go to a bank to get the things you want from a bank, like no-fee atms, all over the world. free checkwriting and mobile deposits. now depositing a check is as easy as taking a picture. free online bill payments. a highly acclaimed credit card with 2% cash back into your fidelity account. open a fidelity cash management account today and discover another reason you. we know you. we know you have to rise early... and work late, with not enough sleep in between. how you sometimes need to get over to that exit, like, right now. and how things aren't... just about you anymore. introducing the all-new, smart-sensing... honda accord. it
CNBC
Sep 25, 2012 4:00am EDT
campaign trail. romney will also be speaking in new york. >> he's getting some criticism for his schedule in meetings. in any case, stick around because still to come, bowing out of investment banking. the future is looking bleak for rbs. >>> meredith whitney says banks have been behind the curve in terms of downsizing and employees are paying for it now. >> if you think about all the other industries that have gotten more competitive, more profitable, the banking sector and insurance sector have been laggards behind it and they employ a lot of people. so they'll see significant layoffs. interesting for goldman, they're cutting all of their highest paid people. so it's not a great time. i think the industry is as bad as i've seen it. >> so how bad is it going to get? joining us for more is bank equity research and european banking editor. welcome to you both. do you agree with meredith whitney, is it as bad as you've seen it and are there a lot more job cuts to come? >> yeah, i think it's pretty bad. i think it all kind of centers around what's going on with the eurozone. but more positiv
CNBC
Sep 24, 2012 6:00pm EDT
approve i'm bara this message. ck o romney: "it's time to stand up to the cheaters" vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers. mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? we're sitting on a bunch of shale gas. there's natural gas under my town. it's a game changer. ♪ it means cleaner, cheaper american-made energy. but we've got to be careful how we get it. design the wells to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ >>> it is time! it's time for the "lightning round." are you ready? start the lightning round. going to start with cory in arkansas. cory? >> caller: hey, orange county, but close enough. longtime listener, firs
CNBC
Sep 26, 2012 2:00pm EDT
social security taxes, state taxes, local taxes, gas, sales, property taxes. romney paid 14% in taxes last year on over $13 million in income. >> the obama team's complaint is romney is ignoring all of the other nonfederal taxes people pay when he's accusing them of not paying taxes. what happens in the second half of the ad? >> they are comparing apples to oranges again. >> they did the same thing they accused the romney team of doing which is ignoring all of the state, local, real estate, sales and other taxes people pay. for the record we checked. what did mitt romney pay according to his 2011 tax returns? here's what he paid in state and local taxes. he paid over 1.3 million dollars in state and local. he paid $214,000 plus in real estate taxes and a whopping $146 in personal property taxes. the point is he did pay the other taxes. the obama ad ignores that and focuses on the federal which they accused him of doing when talking about the 47%. if you're doing it for one side, you have to do it for the other. >> well done. thank you. >> you bet. >> heaven in the air. how kid-free fl
CNBC
Oct 2, 2012 4:00pm EDT
bama and i approve i'm bara this message. ck o romney: "it's time to stand up to the cheaters" vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers. mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? zagat just gave hertz its top rating in 15 categories, including best overall car rental. so elevate your next car rental experience with the best. it's just another way you'll be traveling at the speed of hertz. >>> welcome back. it's not hard to tell when hedge fund manager david einhorn told investors today that he thinks chipotle's stock is short. my next guest couldn't disagree more with the short call. he's damon vickers. good to have you on the program, damon. thanks for joining us. why do you think you're right? >> well, yeah, you named it. look, i think we own chipotle. we also own yum brands. his assertions, one by one,
CNBC
Sep 26, 2012 12:00am EDT
raising the bar on flying and tomorrow we will up it yet again. i'm bara ck o bama and i approve romney: "it's time to stand up to the cheaters" vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers. mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? [ man ] not only that, the silverado's powertrain warranty is 40,000 miles more than ford. and this workhorse gives you the power of a v8 with the highway fuel economy of a v6. incredible! right? an amazing test drive. i agree. [ male announcer ] it's chevy truck month. now during chevy truck month, get 0% apr financing for 60 months or trade up to get the 2012 chevy silverado all-star edition with a total value of $8,000. hurry in before they're all gone! [ticking] >> the recruitment of pentagon analyst gregg bergersen by chinese intelligence has a familiar ring to fengzhi li. li recru
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